Commercial Development Land Longmere Lane, Soham

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£600,000

Home Buyer Report for Commercial Development Land Longmere Lane, Soham

Get to know this home before you view. One report brings together the listing, property records and local sold prices, so you know what to look out for, what to ask and what to offer.

What's included

  • Condition, read from every photo and the floorplan
  • Where the listing contradicts the records
  • Sold prices on the street and nearby comparables
  • Planning history, here and next door
  • Council tax, stamp duty and what upgrades would cost
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Type
Land
Ownership
Freehold
Area
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Price per area
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Description

Soham - Soham is the second largest town in East Cambridgeshire and is located between Ely (6 miles) and Newmarket (7 miles), both of which have a wide range of shopping and leisure facilities. The A142 has good connections with Cambridge via the A14.
Soham has its own range of local shops including the Co-Op & Asda and small eateries, pubs, hairdressers, leisure centre and doctors surgery. The town is a popular place to live for families due to the area’s proximity to Cambridge, Ely and Bury St Edmunds. There are three primary schools feeding into the well regarded Soham Village College. Soham train station which opened at the end of 2021, links to Ely and the mainline to Cambridge and London. London Stansted airport is a 40 minute drive via the A11.
Description - This is an excellent opportunity to acquire a commercial site which is located along a small track on the northern outskirts of this increasingly popular town. The plot measures approximately 1.93 acres (stms) and is almost equally split between a brownfield site (which was used for car bodywork repairs) and an area covered by vegetation . Our enquiries have confirmed that there is power and water to the site and lends itself to a variety of uses.
Location - The site sits approximately 100 yards along Longmere Lane to the northern outskirts of the town. It is easily found by using what3words location: tarnished.artichoke.explains
Registered Title - The title is registered under title CB476409.
Tenure & Possession - The site is for sale freehold, with vacant possession upon completion.
Planning - The site is within the jurisdiction of East Cambridgeshire District Council and all enquiries as to the suitable uses can be directed to their planning department. There are no current planning applications underway.
Method of Sale - The property is for sale by Private Treaty.
Offers - Offers are invited for the freehold purchase of the site. All offers will need to be confirmed in writing to the sellers sole agent and include the following:
1 - Any proposed conditions attached to the offer.
2 - Proof of funding.
3 - Timescales for expected exchange and completion.
4 - Proof of ID.
5 - Details of Solicitors to be instructed on the purchase
6 - Confirmation of 10% deposit paid on exchange of contracts.
Services. - All prospective purchasers are to make their own enquiries as to the location/provision of services. (For information, the seller has informed us that there is water and electricity supplied to the site but this has not been verified.)
Restrictive Covenants, Wayleaves, Easements & Rights of Way - We are not aware of any restrictive covenants associated with the site but the land is to be sold subject to all existing rights of way, public or private, light support, drainage ,water and electricity supplies and allotted rights and obligations, easements, quasi easements and all wayleaves whether referred to or not in the sales particulars. - Purchasers will be deemed to have full knowledge and satisfied themselves as to the provisions of any such matters which may affect the property.
Value Added Tax - Should any sale of the land or any right attached to it become chargeable for VAT, then such tax will be the liability of the purchaser to settle in addition to the purchase price.
Local Authorities - East Cambridgeshire District Council - www.eastcambs.gov.uk Cambridgeshire County Council - www.cambridgeshire.gov.uk
Viewings - Access to the site and viewings are strictly by appointment via Bovingdons Limited. When onsite, we would ask you to be a vigilant as possible for your own personal safety. - Call 01353 725723 or 07500 115321
ID & AML Checks
“We are required by law to conduct anti-money laundering checks on all those selling or buying a property. Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy. The cost of these checks is £60 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable”.

Estate agent

Bovingdons

Location

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The information provided within this property listing is accurate to the best of our knowledge and research. Please see details of how we gather information in paragraph 3 of our T&Cs.

Please contact the appointed agent, or the vendor, for any missing information and to ensure the accuracy of all details. It is essential that you carry out your own Due Diligence in relation to any property purchases.

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